INFO: ITALYNEWS

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Hi to all,
fa newest further update from Italy:

AIR ALPS, 8th. Do328 D-CPRP currently fly in Minerva c/s and is expected to=
=20
be pianted during next weekend. In 2003 241000 passenger was been carried=20
from the airline with a growth of 34% despite the 2002, turn around scored=
=20
is 42,5 million of =80 +40% then 2002.

ALITALIA will add with effect June 1st. 2003 a five weekly flight from Rome=
=20
FCO to Boston, days of non operations are Wed and Thu. B767/300ER is the=20
equipment deployed.

GANDALF AIRLINES, without succes is terminated the increase stake capital=20
with a subscription of 10% of the shares offered at the price of 2,5=80=
 each.=20
Various are the situation that the airline have to clarify in these days=20
starting from the bankruptcy court that will examine the situation of 15th.=
=20
of January. Plus the pair of new intended investors (Fibit e Natan Pasmo=20
Air) they has talks in course with creditors in order to know the ways for=
=20
a possible investment for the change of the situation of the airline. Route=
=20
Brescia-Rome is apparently was ceased from a pair of days.

LAUDA AIR ITALY will fly from Jan 16th. 2004 to the end of March every=20
fridays non stop directly from Milan Mxp to San Jose' de Costa Rica. First=
=20
time for Lauda that touch's the Costa Rica territory. Only Air Europe in=20
the past had operate a weekly flight to this country.
Lauda Air Italy confirms the leadership for flights to destination in the=20
mid and south Caribbeans like San Jose' de Costa Rica, San Andres, Panama=20
City, Bridgetown or the newest Providenciales in Turk & Caicos Archipelago.

VOLARE AIRLINES has wet leased one B767/300ER from Icelandair Loftleidir.=20
Three months is the period and will fly to Cancun 4 times a week and to=20
Cuba 3 times a week. Recently Lauda Italy for ad hoc rotations has supplied=
=20
a B767/300ER in wet-lease.

That's all for today,
Regards,
Marco



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